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5 Harmony Ln, Exeter, RI, 02822

3beds
3baths
2,763sqft
$899,000
$325price/sqft
$6,535/moest. monthly cost
$261,400/yrincome needed

About This Home

Welcome to 5 Harmony Lane, a beautifully crafted new construction home offering 2,700 square feet of thoughtfully designed living space. Situated on just over one acre in an exclusive PRIVATE new seven-home development, this property combines modern comfort with privacy and a peaceful setting abutting conservation land. The open-concept floor plan is ideal for both everyday living and entertaining, featuring a spacious family room with a fireplace and seamless flow into the kitchen and dining areas. The well-appointed kitchen showcases elegant quartz countertops, abundant cabinetry, and generous workspace for cooking and gathering. This home offers three bedrooms plus a dedicated office, providing flexibility for remote work, hobbies, or additional living space. The primary bedroom features a private en suite bath, while two additional bedrooms are served by another full bathroom. A convenient half bath is located on the main living level. Additional highlights include an attached two-car garage, a full unfinished basement offering ample storage and future expansion potential, and quality finishes throughout. Enjoy the rare combination of new construction, generous lot size, and a private setting with conservation land as your backdrop. Don't miss the opportunity to own a brand-new home in this thoughtfully planned private community of just seven residences. For GPS reference please use 301 Wolf Rock Road

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Plaster,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Range Hood,Microwave,Oven/Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Bulkhead,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Ceiling Height 7 to 9 ft
  • Level: First

Family Room

  • Features: Ceiling Height 7 to 9 ft
  • Level: First

Features

  • Wall (Plaster),Stairs,Plumbing (Mixed),Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Ceiling Fan(s)
  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Insert
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,763

Heating & Cooling

  • Heating features: Bottle Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,763
  • Total interior livable area: 2,763 sqft

Kitchen

  • Features: Ceiling Height 7 to 9 ft
  • Level: First

Master Bedroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second

Office

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second

Property

Details

  • Parcel number: 5HARMONYLANEEXET

Features

  • Patio & porch: Patio,Porch

Lot

  • Lot size: 1.00 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance *$402$4,824
Property Taxes $1,026$12,312
Electricity $562$6,752
Total$6,535$78,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$224,057/yr
40% on housing$196,050/yr
45% on housing$174,266/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 02822$235
Kent County$250

vs Homes Sold Last Month

Median $/sqft

ZIP 02822$291
Kent County$267

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$899,000

New Construction

AgentKim Fairbanks
BrokerageKREG Realty, LLC

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